17 Nov 2014 07:00
17 November 2014
IGas Energy PLC
("IGas" or "the Company")
Ellesmere Port Well Spudded
IGas (LSE: IGAS), one of the leading producers of onshore hydrocarbons in the UK, is pleased to announce that the Company spudded the well at Ellesmere Port on Saturday 15th November.
The well, which is a vertical exploration well, is the next to be drilled in a sequence designed to give IGas a suite of results from a number of wells distributed across the Company's licenced areas in the North West. This programme is designed to validate the geological model and has already given us valuable data to evaluate the potential and begin to plan for future development.
The bulk of the current 2D seismic acquisition, in the North West, has been completed.
For further information please contact:
IGas Energy plc | Tel: +44 (0)20 7993 9899 |
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications |
|
Jefferies International Limited | Tel: +44 (0)20 7029 8000 |
Sara Hale Graham Hertrich Canaccord Genuity Tim Redfern |
Tel: +44 (0)20 7523 8000 |
MHP
Rupert Trefgarne Tel: +44 (0)20 3128 8100